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Historical Residential Property Prices of Indian Metros

Tuesday, November 25, 2008

The following chart shows Historical Grade-A Residential Prices in Delhi, Mumbai, Chennai and Kolkata between 1992 and 2007.
Historical Indian Residential Property Prices GraphSource: Knight Frank, Goldman Research

Property prices may need to fall by up to 30% in some markets for affordability to improve. But this does not guarantee that they will begin to start moving up again and at the best arrest the FALL.

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